NXP Semiconductors (NXPI) volatility increases after takeover report

September 30, 2016 6:54 AM EDT

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NXP Semiconductors (NASDAQ: NXPI) is recently down 72c to $95.40 in the premarket a day after rallying 16% after The Wall Street Journal reported that Qualcomm (QCOM) is interested in a deal for the semiconductor company. Option implied volatility index mean is at 46, compared to its 52-week range of 26 to 60, according to Livevol.

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